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20121226
20121226
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WMAR (ABC) 3
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KPIX (CBS) 1
KQED (PBS) 1
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Search Results 0 to 49 of about 50 (some duplicates have been removed)
KRON
Dec 25, 2012 8:00pm PST
to avoid the fiscal cliff. we'll be right back. here's stan roberts who found some people banking bad -- behaving badly. >> we're gonna turn right. >> reporter: every major highway, the chp puts out an all hands on-deck call. it's called maximum enforcement. >> at the next driveway we're gonna turn right. next driveway turn right. >> reporter: this means there is a maximum amount of officers on the road looking for violaters, like this driver who -- well, listen to the officer. >> the reason i stopped you, you weren't wearing her seat belt. >> reporter: the driver claims she forgot. that's not a good excuse. >> you got cited today for not wearing your seat belt. >> reporter: this driver was observed doing something that is all too common in the bay despite it being a violation of the vehicle code. >> drive. drive. drive. exit the freeway. exit the freeway. >> reporter: even driving while on the cell phone without the benefit of a hands-free device and yes, he did get a ticket. this driver ran a stop at a frontage road. watch this driver of the volkswagen. not only did he run the stop
FOX News
Dec 26, 2012 6:00am PST
safe flight today. and we will be following the fiscal cliff talks tomorrow. and clayton, you'll be hear, right? >> clayton: i will. so send us any of your questions as well and your thoughts. our -- go to our web site for the after the show show. >> gretchen: happy new year, everybody. gregg: fox news alert. powerful winter storm bringing deadly weather. >> oh, wow. that is a tornado. jesus, look at that tornado. it is like two tornados. it is two funnels on the frowned. oh, lord. look at there. wow! look at that. gregg: the storm system that produced those tornados in parts of the south not done yet. now posing a potentially major roadblock for countless holiday travelers. hello, i'm gregg jarrett in for bill hemmer. >> i'm patti ann browne in for martha maccallum patti ann: local crews said there is only one thing that could have accused the damage. >> one thing they saw damage indicative of tornado damage. we had homes 90% destroyed. that doesn't happen with straight line winds. >> you have a lot of damage. people hurt and i went out with the skid steer. we rounded up equipment. we started opening the
CNBC
Dec 26, 2012 4:00pm EST
there's a little bit better tone away from the fiscal cliff. that's where it is right now. >> what about this concept. skeptical, the idea that we're underowned in the stock market and anything -- any resolution could mean stocks. >> a lot of cash on the sidelines that will be put to work if you get a little bit of a sign of a resolution here, bill. happy new year. >> nice tie, but i'm always saying that to you. we're going to the mid-point of the range, dow down 22 points. that's the first hour of the "closing bell." stand by now for hour number two. >> and welcome back, to the "closing bell." i'm mandy drury sitting in for maria bartiromo. it is the end of another trading day, and, no, we do not have a fix for the fiscal cliff. guess what, the numbers also reflect that. let's take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s&p 500 is down by about seven points, and as i said it is crunch time. there are only three trading days left now for 2012 an
FOX Business
Dec 26, 2012 1:00pm EST
the uncertainty about the fiscal cliff. it is crazy to think that nobody knows what their tax bill for 2013 will look like right now. at some point you have to say, this is what it is. i only have so many years until i retire. risk is part of the game. this is what i am willing to invest. what is your best bet? >> there is no dow that energy stocks, to me, we are seeing the spikes in oil prices today. lori: you are basically saying try to raise some cash during this last week. that could be your fine opportunity. >> right. you have to think back at what these companies are saved. they are not overly optimistic. they were not doing back flips about the future. sometimes waiting is the best investment strategy that there is. you have to begin to see whether they will begin to grow. most companies have to face the facts. most companies are making money because of cost-cutting. i think we have to really look at ways to just be ready. the best place to be -- lori: lean and mean. cash is, well, i guess that is why you had a debate. i guess i can hold on for two weeks. >> i agree. they are lean and mean. every quarter, th
CBS
Dec 26, 2012 4:00am PST
predictions of 3% to 4%. superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today reports 14 of 25 on-line retailers in one study are issuing refunds slower than last year. for in-store returns some retailers have shortened return windows and are charging restocking fees, especially for technology. >> thanks. >>> straight ahead on your morning wednesday news, weather is coming up, and lebron james takes it to the oklahoma city thunder in a rematch of the nba final. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] at subway, you got it made. try a steak, egg white & cheese, tricked out any way you want. subway. eat fresh. but the acidic levels in some foods can cause acid erosion. the enamel starts to wear down, and
FOX Business
Dec 26, 2012 3:00pm EST
, "fc," fiscal cliff, and pulling from the u.s. dollar, the yen is pulling back, the new regem that's in there, they are doing what they need to do, and nobody's going to gold right now. silver is sneaking up slowly, above the $30 range. we'll see that take off. reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: still, though, a downward trend with the chart. what's the story with silver? >> well, you saw silver pull back with gold. normally, they run, and now what we're seeing is there's a little bit more demand. china's picking up the pace a little. we are seeing silver that's up, what, 24 cents as of today? not a bad move from a one day, especially in the light volume. ashley: if we get it done on the fiscal cliff, will we see a selloff in metals? >> i don't believe that we will. europe right now is the safe haven. there's no negative news. by any means, they are not done with all that's going on over there. everything is focused here on the u.s. and the fiscal cliff, and unt
PBS
Dec 26, 2012 3:00pm PST
tend to get this right-- that we're probably not going to go off the fiscal cliff or if we do go off the fiscal cliff it will be a small package of some tax increases, some spending cuts, but it's not going to put the economy into a recession. so what i've been telling clients is let's just hold the line right here. let's not sell precipitously. let's wait until we see the outcome. but right now i think there's a real good chance that the outcome could be positive or will muddle our way through this significant problem. >> ifill: let me ask you a question which politicians kept bringing up during this last election which is the that the uncertainty is what makes people nervous in the business world. is this the kind of uncertainty they were talking about? >> it absolutely is. you mentioned before the retail sales numbers for this christmas season and the retail sales numbers for this christmas season were very poor, very soft. this is both individuals and individuals affecting companies making decisions and it's really largely driven by their significant uncertainty about what's goin
MSNBC
Dec 26, 2012 10:00am PST
chuck hagel and that's something to be seen. >> i want to turn our attention to the fiscal cliff, because you have some interesting reporting coming out right now. gop leaders had a phone call today. >> they are talking on a conference call, which is how they usually communicate when they are not in d.c., but they are strategizing on what to do. the open question right now for house republicans is do they bring the body back into session from between now and new year's eve? unclear, i don't know if they know what they are going to do. they told their members they'd get 48 hours notice, 48 hours notice now would put us somewhere between friday and saturday, going right into new year's eve. >> there's nothing to bring them back for. >> that's the problem, that's the problem. they said the senate is going to act first. the senate is not acting right now. they are doing a supplemental spending bill for hurricane sandy, they are upsiding the surveillance bill, they are not doing anything on the fiscal cliff. is it helpful to have john boehner have his members back in d.c. running their mouths and offering opinions to all us reporters, i think the an
CNBC
Dec 26, 2012 12:00pm EST
fiscal cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading days remain for lawmakers to reach a deal and avoid going over the cliff. will they rise above and what happens to the markets if they don't? first our top story, shopped out. new data showing holiday sales grew at the slowest pace in four years. what does it all say about the health of the nation's retailers and the money you have in their stock? our traders for the hour are peat and john negarian and steven weiss. pete, begin with you, 16 of the 17 worst performers in the s&p today are retailers. >> understandably so. the expectations were so high. a lot of the analysts were looking for a bump of 3 to 4%. didn't get close to that. you're seeing pressure on the retail
FOX Business
Dec 26, 2012 5:00pm EST
network. one i think it was mastercard spending pulse saying it actually not the fiscal cliff, it was superstorm sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw last year. there is a little bit of a slowdown. also we have to look at the consumer sentiment numbers. it is coming in at the month of december around 72 points. that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with the nrf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their pred
CNBC
Dec 26, 2012 2:00pm EST
course depending on what happens with the fiscal cliff, all bets are off. >> all right, jed, give us -- we're asking everybody for predictions for 2013. we know how you feel about the year in general but give us some wild cards. this is your time to let your hair down and be crazy. >> all right. >> let it down! >> i will take all that hair i have and let it down. the first thing is whether we are going to see more inventory next year. the tight inventory that we see is holding back sales in many parts of the country including the west. but if prices rise enough next year, we will see even more construction and we will start to see some of the underwater homeowners get back above water and put their homes on the market. we might actually see inventory turn around next year. that would be a big change from what we've seen. >> what about operation twist? in your professional opinion, how much has that really mattered if at all to the housing turn? >> so it has helped lower -- so the fed policy has helped lower mortgage rates and that's made housing affordability incredible relative t
CNN
Dec 26, 2012 6:00am PST
first of all. the fiscal cliff might seem extremely large right now. we look at the more long-term view, a small blip on the overall screen. we'll see a lot of volatility but can you deal with the volatility and if it's causing to you lose sleep it might have an indication you might want to make some changes. >> it's hard not to have a knee-jerk reaction. before we get to that talk about tax deferred accounts. how will the fiscal cliff affect them. >> this is the beautiful part about this is that the biggest concern individuals are having that we've worked with and talking to, what is going to happen with my taxes? what is going to happen with my dividends taxes, capital gains? so the best part about it, if you're dealing with non-qualified accounts you might have to be concerned about that but qualified accounts or tax deferred accounts such as your 401(k)s and individual retirement accounts, roth and traditional, these accounts are tax deferred and many 509 plans, college savings plans, different types of concept are tax deferred and some are tax free such as 529 so maximize this
FOX Business
Dec 26, 2012 11:00am EST
right now. just short of two dollars. you think, oh, do they know something about the fiscal cliff? not that at all. it is actually action in the middle east. reports of military exercises have commenced. military exercises in there and later in the week more military exercises. brent is off as well. heating oils are up. everything is up. even on a slow day here at the cme in chicago. dagen: good to see you, jeff. jeff flock reporting. thank you. the pentagon planning to deal with half a trillion dollars in budget cuts thanks to the looming cliff. gun sales rising over concerns of tighter gun control laws. we can find some winners in the stock market. here are some of those on the s&p. ♪ she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go fre
CSPAN
Dec 26, 2012 7:00am EST
help the fiscal cliff we are in right now? second question, with our history of wasting so much taxpayer dollars everywhere we thisn this fashion, isn't why we don't get much help from our allies when we go to war, because they know the end result? that they would be wasting money as well. they probably know this from colonial times. thank you. pinkberrry is a certain amount of waste in any war. -- i think there is. i spoke with a very smart colonel in kohst province. he said the american people don't expect us to be proficient, but they do expect us to be effective. i thought that was a great way of thinking about. the question me after have is, given the amount of money being spent in blood and treasure, and has been the outcome? to the second part of the question, do our allies know we waste a lot of money and so that why they're not so forthcoming, the stories that i hear back to do with the they know we will pick up the tab, so they dodge as long as they can. a recurring theme is we want it more than they do, whether it be the taliban -- or the afghans your working with on
CNBC
Dec 26, 2012 3:00pm EST
anything, all about the fiscal cliff or what's the mood of the market? >> i'm sorry. >> it's a shame that's all we're talking about right now because there are some things we could probably focus on. >> like what? >> again, it's corporate. it's large corporations. no one is talking about small caps right now. generally in january they probably have a pretty good mood. everybody is talking about dividend-paying stocks, large caps, where there's liquidity, can get in and get out and it all ties back to the fiscal cliff. that's all we're talking about and why do anything until then? >> rick has been waiting all y day. >> whether we're sick of it or not, it has to be resolved. >> meantime, counting down, 50 minutes until the closing bell. the dow was positive when we started the show. let's call it the "street signs" glow. we've gone back into the negative territory slightly. >> see what we can do here in the last hour of the trade. if you don't think people are feel the effects of the fiscal cliff, think again. we look at very real effects of the cliff on holiday sales and the numbers coming out are not all that pretty. plus,
CNBC
Dec 26, 2012 5:00pm EST
fiscal cliff. my guess is, in past decembers, they have not that kind of thing to deal with in the way we do right now. >> president comes back to washington, he'll get on a flight in just a couple of hours, we'll be back at 7:00 east coast time in washington tomorrow, assuming the weather allows air force one to get through all of that. in many teen time. and then, presumably, maybe some of the negotiations can get back on track at that time. in the meantime, the dow down 24 points today. that's it for us. thank you for watching. >> and "fast money" starts right now. stay tuned to cnbc. >> we'll see you tomorrow. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. retail wreck. santa delivered coal for most today. should you be betting on a bounce back? the global race to print money is on. and we've got the best ways to play japan's easy money. and 2013 trades. top picks in an uncertain world also "fast money" goes fast forward into next year. first, to our top stories. five days to go until the fiscal cliff and the heat is turni
MSNBC
Dec 26, 2012 8:00am PST
are feeling right now, gang. about the fears of the fiscal cliff. deal likely at 50%, deal not likely at 48%. and this is gone down continually as we have seen, lynn, over several days, whether more optimism before the christmas holiday and continues to evaporate the closer to the cliff but talking about what the president can do coming back, can it about a small stop gap measure to save people after the 1st? >> it could be and i've always thought that the they know if they don't at least do a stop gap which is in their power, therefore, they would probably do it. it means that the december deadline, december 31 deadline that's looming may not really be the deadline. i think it's more like january 3rd, noon, when the new congress is sworn in. that's when they have to do their math to see where do they have -- if there's any hope of a deal, a democratic deal, where you need 20, 30 min votes or true bipartisan deal and no one thinks will happen. now people are just working some numbers to see which would work best if you don't get anything by the end of the year. >> alice, based
FOX News
Dec 26, 2012 1:00pm PST
tools. right now we have very well leverage in the debate over the fiscal cliff because that stuff happens automatically but the idea of a debt ceiling increase, they've told obama if you want a trillion dollars in higher debt and he needs that eight times in the next decade, you have to cut spending a trillion dollars. >> here, i'll ask you again. 0 i'm a republican congressman and i signed your tax pledge to not raise taxes. if someone says here's a bill that says if you sign this we will cut taxes for 98% of americans. how could you say no? my point is, the administration is winning the war of optics. if they played it out this way, do they not win? >> well, they've won the war of optics so far because everything's been done in camera. it's been done inside closed walls. if c-span and fox and -- were able to videotape the negotiations, the kind of thing we're learning now about how obama said i have no interesting in cutting spending, he's been lying for two months about his negotiationing position in the room. if people knew that, there would be serious unhappiness in his lack
MSNBC
Dec 26, 2012 1:00pm PST
spot there. >> it is. hey, karen. >> hey. wel get to the fiscal cliff in just a moment. we understand that you've just gotten word that the president is actually getting updates on the condition of former president rw bush. what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior administration officials won't confirm who's updating president obama. karen, it's not unusual for a sitting president to be kept in the loop when this type of situation arouss. when a former president is ill. so we are being told he has been kept in the loop. and of course the entire white house watching quite closely and everyone hoping he makes a full recovery soon. doctors have said they are cautiously optimistic. that former president bush will recover. so everyone with the white house sharing that opinion. >> and our prayers are with him as i'm sure the president's are. so kristen, just switching gears here. there's been no action on the fiscal cliff in the last few days. you've got the president coming back. you've got boehner and the hou
CNN
Dec 26, 2012 8:00am PST
. responsibility. what's your policy? >>> fears of the fiscal cliff are taking some of the holiday cheer right out of wall street. cnn's alison kosik watching the post-christmas trading as well as a threat to the economy that could come even sooner than the cliff? let's start with the stocks, though. >> reporter: yes, stocks, very quiet today, very quiet session. not many investors in the game today. expect that to be the case the rest of the week. the fun tny thing, this is usuay the time we see the santa claus rally. the dow down 46 points. no deal on the if i'm not mistaken. that's spoiling the rally so far. it could be worse, though. we've seen much harsher reaction to all the congressional shenanigans in the past that could be a sign the economy is in better shape this time around. the s&p 500 is still on track for a 13% gain for the year. >>alison, what's the container cliff? >> reporter: the container cliff could be serious stuff. it could be a major threat to the economy. but it's also something that can be avoided. this container cliff is the name the national retail federation has given
FOX News
Dec 26, 2012 12:00pm PST
, is some kind of a partial agreement that -- with some of the fiscal cliff provisions are going to take effect on january 1st. this is what everybody was hoping would not happen but it looks imminent. >> let's just say your scenario's right and the temporary fix comes from the senate and harry reid but it has to go back to the house. then what? >> the other part is the senate. the 60 vote rule of the filibuster. they have to clear that 60-vote point if somebody blocks this in the senate. then it goes back to the house. there's a lot of questions about whether spiker boehner can control his republican caucus. he could not get the votes a week ago and we don't know if we could this time. what might happen is the tax provisions -- the taxes go up january 1st and then the senate might arrange for then a vote to cut taxes, which is a lot less onerous than to allow taxes to increase or vote to raise taxes. so without getting too far into the weeds they're trying to find a method to prevent the more dangerous economic issues from taking effect but at the same time reduce the political pressure on those, particularly conservatives who don't want to raise taxes. >> we just lowered your taxes, we let it go up then lowered it so we're
CNBC
Dec 26, 2012 6:00am EST
. >> a member of the dream team, you remember? >> i remember. >> a lot of sports. fiscal cliff. i don't know what to tell you. i will talk about it more right now. maybe we'll do that monday but you have to promise we'll be together. the fiscal cliff has been one of the factors holding back consumer spending this holiday season. joining us now, marshall cohen, from mtv group, chief analyst industry. you scoured all of retail to find this. he has pinstripes going. i've heard about stripe on stripes and you have stripes with the cuff links. >> it's all about a blending. >> a blending. there's stripes but it's not too busy. he ae's got the right. >> years ago he commented on my pocket square and trying to work something else. >> people very fashion forward, i want to try to copy. >> you have that tie going today. that makes a nice story. >> let me ask you. i just had someone not even concede price fixing could hurt innovation with drug prices. do you know absolutely for sure the fiscal cliff hurt retail sales? >> it actually did. it took the psychological factor into the mix. at first it didn't look like it did. consumers respond two weeks before
ABC
Dec 26, 2012 6:30pm EST
near that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all the way to north
FOX News
Dec 26, 2012 8:00am PST
president obama is cutting his vacation short to head back to washington and jump-start the fiscal cliff negotiations with congress. talks fell apart before christmas. the deadline now is just days away and there is no deal in sight to avoid the tax hikes and spending cuts set to go into effect january 1st. our juan williams is a fox news political analyst and he joins us today and very quickly, juan, merry christmas to you. >> merry christmas, kelly. kelly: this is daunting task facing congress to avert the so-called fiscal cliff that will set into motion more than $600 billion in drastic and draconian allic tax hikes and spending cuts. that will cause a lot of pain for all americans and does congress have enough time to act on this? >> they do. you know it will be very close and it may in fact go beyond the deadline per se although people are thinking at the moment it is possible to get something done by the end of this week. the key here, kelly, is the senate. we have been so focused on the house, speaker boehner, plan. about, plan b falling apart. now speaker boehner is pointing towa
FOX News
Dec 26, 2012 10:00am PST
we approach a fiscal cliff that threatens a double dipper? we'll be right back. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. heather: welcome back. a heartbreaking story on one of the victims in newtown, connecticut. according to "the new york post," a heroic teacher's aide who died shielding a student during the shooting, was buried wearing the engagement ring that she was supposed to get for christmas. rachel davino's boyfriend was planning on proposing christmas've, but his dreams were shattered when the 29-year-old was gunned down. rachel was one of the 26 women and children killed on december 14th when a gunman opened fire inside sandy hook elementary school. twenty of the victims, children. ♪ gregg: new signs the economic recovery has actually stalled, the holiday shopping season turned out to be a bit of a bust for the retailers. 2012 saw the worst year-over-year performance since 2008. sal
MSNBC
Dec 26, 2012 7:00am PST
now on the very issue of the debate of the fiscal cliff. is it really the tea party congress members or not? >> i think it's hard to predict exactly who might get blamed if something doesn't happen. that seems too far in the future for me but if you look at all of the piece that is are in play, the one thing we haven't talked about is the debt limit. it is going to be hit soon. and then the treasury can use extraordinary measures to extend it but caused the fight that made us sit here today to talk about the quote/unquote fiscal cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans aren't come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i don't know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the more clarity they get now, the easier it's going to be in a few weeks from now. if they g
NBC
Dec 26, 2012 12:35am EST
questions about the fiscal cliff from ordinary americans. he claims the top question about the fiscal cliff is "can we eat it?" [ laughter ] nope, you can't. get this. earlier today, mitt romney was spotted on a costco shopping spree. that's right. romney ended up buying 14 costcos. [ laughter ] amazing. [ cheers and applause ] >> steve: come on. he's -- >> jimmy: hey, ooh! listen to this, applebee's -- we all love applebee's, right? is that blooming onion? >> steve: no. >> jimmy: is that the blooming onion? >> steve: that's outback steakhouse. >> jimmy: i love outback. [ laughter ] what does applebee's have? >> steve: sandwiches. >> jimmy: hot wings? [ laughter ] >> steve: apples and bees. >> jimmy: apples and bees. that's not true. what does applebee's have? they have something, right? >> they have two for 20! >> jimmy: two for 20. [ laughter ] >> steve: two for 20. >> jimmy: slow down. i'm not treating you to applebee's. >> steve: all-american two for 20. >> jimmy: you know what? i'm going to get you after the show. i'm going to give you a gift certificate to applebee's. all right? yeah. [ cheers and applause ] i love applebee's. [ applause ] but anyway, it's two for 20, i will give you 20 bucks. [ laughter ] we'll split it. >> stev
ABC
Dec 26, 2012 4:00am PST
year, mostly because of the budget and the fiscal cliff, hurricane and school shooting. and now, many retailers are stuck with inventory that they really need to clean out. >> they've got new merchandise that's coming in right behind it. and they recognize it's really now about recouping what sales they lost from the lack of excitement. so, look for the sales to carry through for most of january. but not much further than that. >> cohen says the biggest discounts will be on cold-weather merchandise because winter arrived late this year. >>> top economists feel housing will be one of the bright spots on the economy next year. mark zandi of moody says better housing will continue to improve over the next three to four years, with better sales, more construction and higher prices. last month, existing home sales rose more than wall street expected, almost 6%, reaching the highest level in three years. >>> more homeowners in trouble may also be getting some help. "the wall street journal" reports the obama administration is thinking about expanding its refinancing program. borrowers whose mortgages aren't backed by the government and who owe more than their homes are worth may be eligible soon. that would be good, not
FOX News
Dec 25, 2012 4:00pm PST
with the fiscal cliff deadline. he isn't the only one. there is new developments coming in right now and we'll have them for you next. [ boy ] there i was. another holiday stuck at the kids table again. then it happened. every boy's dream. i got called up to the big leagues. i was finally a man... on my way to shaving, driving and staying up past midnight. [ whoosh ] [ whoosh ] [ whoosh ] being an adult is overrated. [ male announcer ] holidays aren't the same without the real cream of reddi-wip. the sound of reddi-wip [ whoosh ] is the sound of joy. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. it's our top story on this fox trip across america. >> texas. the san san antonio homeowner says his house shook and then boom. a neighbor says his kids were playing nearby just before the cessna came down. >> it went wing up right through the fence right there into the trees, through
CNBC
Dec 26, 2012 5:00am EST
u.s. is five days away from going over the fiscal cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up with a plan to avoid the fiscal cliff, but little progress has been made. >>> a chinese ratings agency is putting the u.s. on negative watch citing troubles with long-term debt issues. on a statement on its web site, global credit says each political party insists on the proposition favorable for its own interest. it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative o
ABC
Dec 26, 2012 11:00am PST
russia, if the bill is signed. >>> president obama is cutting short his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate rain roll through downtown, darker clouds off to the west there and that's what is going to head up into the santa cruz mountains shortly. one other advantage point, at least this side of san francisco,
FOX
Dec 26, 2012 12:00pm PST
market. q . >>>dow down, weakness on the retail sector and worries over the fiscal cliff keeping low. s and p and nasdaq also in the red. >>> today's price report shows average home prices up more than 4% in the 20 largest markets, prices here in the san francisco bay area are up even more. prices jumped 8.9% in october compared to the same time the year before. they increased .7% froms. that bucked the national trend where values dipped compared to september. >>> today on the news at five the latest on that body found in santa rosa, also the weather remaining an issue for parts of the bay area though the storms have moved out. and a look at the trouble spots and in the sierra where a storm warning is in effect for the rest of the day and there are concerns up there about some avalanches. thank you for trusting us. we will see you the next time news breaks, also always here  at ktvu.com and mobile ktvu. have a great afternoon everybody. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introdu
KOFY
Dec 26, 2012 11:30am PST
his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate rain roll through downtown, darker clouds off to the west there and that's what is going to head up into the santa cruz mountains shortly. one other advantage point, at least this side of san francisco, we are on the embarcadero side at front and vallejo streets where
CNN
Dec 26, 2012 1:00pm PST
together a measure to avert the fiscal cliff. whether that can be achieved is still very much up in the air. as of right now, president obama has gone back to his original demand that the bush era tax cuts be extended only for the first $250,000 in earnings. the white house is talking to senate democrats about what their proposal may look like. but as of yet, neither is in communication with congressional republicans. and as the white house hashes out details of the reid plan with senate democrats, it's at this moment unclear exactly what form it will take, what it will look like, other than to deal no doubt wheith tax cuts. details may not be released for a few days as they try to get republican support, yes, but also try to put pressure on speaker boehner by moving a vote in the senate closer to the new year. trying to say to house republicans and the speaker take up this bill that we may pass or take the blame for going over the fiscal cliff. joe. >> brianna keilar in hawaii there. there's a fight over what programs to keep funding when it comes to the fiscal cliff and it's not just between republicans a
ABC
Dec 26, 2012 6:30am EST
d.c. tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for video was out for a good chun
CNBC
Dec 26, 2012 9:00am EST
suggesting that the fiscal cliff trade here whenever you get bad news from washington is buy the dollar as a safe haven. you're going the other way here. >> right. well, i think there's going to be some battles. i think most of the market feels you will get forward movement when congress comes back. you're going to get a very watered-down plan to punt this forward. that's something i've been telling clients for about three months. that's my expectation, punt forward, but not going to be very pleasant. >> good to see you, andy. hope you had a good holiday. andy busch with "money in motion." catch currency trading on friday at 5:30 p.m. eastern. if you want more education about currencies, go to currency class at money in motion.cnbc.com. >> an article in today's "new york times" finds once traditional dating priorities like having a good job, physical chemistry, may not matter if your credit score is less than attractive. the "times" interviewed more than 50 daters all around the u.s. they were all under 40 years old. brings us to this morning's squawk on the tweet. what's the most important financial question to ask on a first date. tweet us @squawk
MSNBC
Dec 26, 2012 11:00am PST
lawmakers will be able to prevent going-over the fiscal cliff. that is a drop from seven points from december 16th. consumer confidence in the lawmaker'sability to get something done. if we go over the cliff, it could have ramifications including leading the country back into a recession. >> can you tell me or do we know whether president obama spent any time on the phone with mitch mcconnell or john boehner or the republican leaders? that's a good question and has not happened during this holiday vacation. talks between the main players here are largely stalled. there have been conversations at the staff level, but only between democrats at the white house and on the hill. talks between the two parties have largely stalled here. they are going to need to come back and try to find a compromise to avert this potential economic disaster. some analysts are saying that the pressure will be enough to force all sides to come to the table to get that done. that is of course a big question mark that is looming over the next several days. public pressure by the way mounting not only in the po
FOX News
Dec 26, 2012 2:00pm PST
can keep the music going. why not? losing ground for negotiation on deal for fiscal cliff so no surprise they are using hope for the future. "washington post"/abc news poll says 72% of the g.o.p. is fearful about what lies ahead in 2013. all right, so let's take a look at the 72% of republicans say they are very fearful, which is up by double digits than what they were i guess under president bush. so greg, are republicans more grounded in reason, they see the future as nail biter? >> greg: conservatives are vampire killers. liberals hate the vampire killers. so the republicans are terrified that the government is expanding. the vampires are hopeful. >> andrea: have you been watching "twilights >> greg: i have been home with the flu watching vampire movies. >> andrea: noah's neighbors were hopeful for the future, too. >> kimberly: they're hopeful because the guys got in. they are entitlement dancing over their head. i would be in a good mood, too. people who are realistics that earn a living and pull out the wallet to pay for stuff. you got worries. look at the numbers for holiday shopping. worst in four years. what does it tell you about optimism across the country? >> andrea: juan, are you in denial about the future? >> i must be
CNN
Dec 26, 2012 11:00am PST
worries about the fiscal cliff they took over everybody's pocketbooks. people are really worried their taxes going up. so what do you get? you get holiday sales not doing too hot. holiday sales are up a little less than 1%, winds up being the weakest growth in three years. it is still early. these numbers are still rolling in. but, you know what, they're not a good sign. after christmas spending, it could help a little bit, but because of limited -- but because of limited -- there could be limited returns in the christmas shopping because a lot of people get gift cards and they do their returns. what retailers were hoping for is when people get into the stores do the returns and to shop for gift cards, maybe people will spend a little more on their gift card and maybe exchange instead of just returns. >> we got the sad trombone for the holiday shopping results. combine that with the fiscal cliff fears, we're six days away, how is wall street reacting? >> reporter: wall street is pretty quiet today. there is low volume again, which means not a lot of investors are in the game today. tha
FOX Business
Dec 26, 2012 4:00pm EST
and losers for the new year. shibani: starbucks getting pretty creative on the fiscal cliff debate. a message to lawmakers one cup at a time. you don't want to miss that story in today's speed read. shibani: time now for a quick speed read of some of the day's other headlines, five stories, one minute. here i go. first up, starbucks is making a political push on the fiscal cliff debate. ceo howard schultz is urging workers in the d.c. area write, come home together, on customers cups tomorrow and friday. >>> growth in u.s. holiday retail sales is the weakest it's been in four years. a new report said sales in the two months leading up to christmas increase ad paltry 0.7% versus the expect growth rate of 3 to 4%. >>> and samsung is seeking a ban on import and sale of ericson products in u.s. following the swedish mobile giant attempt to block the import of samsung devices earlier this month. samsung is accusing ericson of breaching seven different patents. >>> a report from the u.s. energy department says opec will rake in a record $1.05 trillion this year. in net oil export revenue
MSNBC
Dec 26, 2012 6:00am PST
this morning, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that from an ideological standpoint are against raising any taxes whatsoever. it's less than a week and a half or so, a more mod ralt congress and they hope that the new folks that are coming into the congress will be a little bit more moderate and the process maybe will put something over the top. >> you have seen the stories about the death of the tea party and they don't have it as important as they did. >> they are very vocal. >> they are important when you have a system of government in the house where you have to pass things. the majority itself. the majority of the majority. that was pretty much in effect when democrats controlled for 40 years as well. there were rare occasions. president clinton massed nafta, the fr
MSNBC
Dec 26, 2012 9:00am PST
the new year, and there's no bipartisan deal to avert the fiscal cliff in sight. the president is cutting his vacation short, but the house is still in recess with no immediate plans to return. the ball is now in senate democrat's court and
NBC
Dec 26, 2012 7:00am EST
his vacation in hawaii, heading back to washington that. will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobile, alabama, late tuesday afternoon, a tornado touched down in the city of about 200,000. >> oh, wow! check that tornado out. it's been on the ground now for
FOX News
Dec 26, 2012 3:00am PST
fiscal cliff. >> of course, hope springs eternal. and i know we have it in us to come together and do the right thing. we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us. even if they come up with a way, your taxes are going up. >> clayton: because of obamacare and the spending we're about to put forth for that is going to go into effect in 2013. we went through this. we'll start at the top because a 3.8% surtax on investment income will take place. 3.8% on individuals for $200,000 or married couples with a $250,000 a year income. >> gretchen: also a cap on the flexible and spending accounts that maybe you have become accustomed to. remember those are tax free dollars you can tak
CSPAN
Dec 26, 2012 12:00pm EST
legislature. we saw that with the debt limit. we're seeing it right now with the fiscal cliff. it's like you give us things the american people doesn't what we would do something worse to the country, is fundamentally a threat to there. and we have seen with voter suppression. we've seen over and over with voter suppression. election after election with voter suppression, and i have the greatest respect and admiration for the ranking member, but if you think that voter suppression is actually the appropriate term to use. as a former prosecutor we sometimes look at the question of motives when you're looking at, only one element but you do look at motives. the most i think has long been established by the republican party in the voter caging cases. in which they have been put under court order to stop, cease-and-desist the practice of trying to clear voters off the rolls through voter caging efforts dedicator are directed at, particularly minority communities. so i think is a very live issue that i think it's a very important issue. it's about our democracy and i'm delighted we're having
CNBC
Dec 26, 2012 1:00pm EST
lunch" starts right now. >> merry cliff-mas, everybody. five days left and still no deal. president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the stor
FOX Business
Dec 26, 2012 9:20am EST
world, in fact, i see consumers very uncertain about the fiscal cliff and the taxes. what i hear a lot is they are really worried about inflation. the government says it doesn't exist of course but reality is everybody is experiencing, 9, 12, 15 percent in their pocketbooks. evidently these guys from washington don't eat or drive. david: everything that you need to buy because they factor in all this other stuff has been -- i just bought a pound of coffee and i remember the same kind of coffee costing $4.99 when i bought it about a year ago, because my wife i must admit does most of our shopping, it now costs over $8. i mean, you know, coffee, milk, meat, everything is going up. >> we see the same thing, when i go to costco, for example, with my wife, i see salmon that used to be 8, 9, 10 dollars a pound, it is 17 to 20 dollars a pound. my wife from japan tracks those things very carefully. i'm very proud of her as a shopper, but i hear about it consistently. adam: keith, i'm adam shapiro. i want to know where do you get the figures that inflation is at 20%? give me where that come
CNN
Dec 26, 2012 4:00am PST
fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a real beating. a twister blowing up transformers, leaving more than 25,000 customers without power. reports to damage to homes, a high school, and church. >> it came in behind the church right there, and then all green fluorescent lighting and popping transformers left and right. and we heard the crashing and everything and the power went out. >> i prayed to god as loud as i could, and i was just praying for my safety, and i knew the church was shaking. i just prayed that the church stayed put. >> here is the other half of this story, blizzard conditions blanketing much of the midwest and the northeast will get it next. we have meteorologist bonnie schneider and correspondent george howell monitoring these threats. george, let's begin with you. a lot of tornado sighti
FOX
Dec 26, 2012 7:00am PST
and congress will try one more time to reach a deal before falling off the fiscal cliff. the president will cut his vacation short. >> happening now bargin hunters out looking for a day after christmas sale. we are live at the valley fair mall to tell us about those deals. >> reporter: hi. if you have something to return or you need to use a gift card it's a good time to come. there are plenty of spots where you can park and i just walked inside in to the mall and it's not crowded at all. at the valley fair mall the stores all opened at 7:00 a.m. people wanted to take advantage of the after christmas sale. traffic this morning was light. kohl's opened up even earlyer at 5:00 a.m. they were trying to lure people with early bird deals. it's one of many retailers offering deep discounts. ? one woman wasn't impressed when she shopped. >>> did you find anything? was --. >> actually one of the things i needed to exchange is now full price and i'm not, last year's deal was better. >> reporter: polls showed that sales of two months before were the weakest since 2008. they grew just .
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